Steve Schonfeld Schonfeld Strategic Advisors
Steve Schonfeld is the founder of Schonfeld Strategic Advisors, a multi-manager investment firm with roots in proprietary trading. Schonfeld allocates capital across quantitative and discretionary strategies with an emphasis on risk controls and diversification of return streams. The firm is a major name in the multi-strategy hedge fund landscape.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
ETRN
Equitrans Midstream Corporation Common Stock
ETRN
|
+$50.3M |
| 2 |
CELG
Celgene Corp
CELG
|
+$40.9M |
| 3 |
PPLI
People Inc
PPLI
|
+$30.5M |
| 4 |
LPL Financial
LPLA
|
+$30M |
| 5 |
PayPal
PYPL
|
+$28M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vistra
VST
|
+$36.3M |
| 2 |
TotalEnergies
TTE
|
+$30.7M |
| 3 |
VICI Properties
VICI
|
+$26.9M |
| 4 |
Intercontinental Exchange
ICE
|
+$22.6M |
| 5 |
ETFC
E*Trade Financial Corporation
ETFC
|
+$17.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.33% |
| 2 | Healthcare | 13.73% |
| 3 | Consumer Discretionary | 13.54% |
| 4 | Technology | 10.72% |
| 5 | Communication Services | 9.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1126
JetBlue
JBLU
$1.85B
| – | – |
-41,474
| Closed | -$767K |
|
1127
Johnson Controls International
JCI
$86.7B
| – | – |
-26,621
| Closed | -$1.1M |
|
1128
JPMorgan Chase
JPM
$935B
| – | – |
-42,620
| Closed | -$4.76M |
|
|
JWN
1129
DELISTED
Nordstrom
JWN
| – | – |
-9,170
| Closed | -$292K |
|
1130
Kraft Heinz
KHC
$30.3B
| – | – |
-30,600
| Closed | -$950K |
|
1131
Kimberly-Clark
KMB
$36.4B
| – | – |
-3,869
| Closed | -$516K |
|
1132
CarMax
KMX
$8.82B
| – | – |
-4,394
| Closed | -$382K |
|
1133
Kite Realty
KRG
$5.24B
| – | – |
-30,900
| Closed | -$468K |
|
1134
Lazard
LAZ
$4.3B
| – | – |
-12,293
| Closed | -$423K |
|
1135
Leidos
LDOS
$17.7B
| – | – |
-4,347
| Closed | -$347K |
|
1136
Ligand Pharmaceuticals
LGND
$5.71B
| – | – |
-3,241
| Closed | -$231K |
|
1137
Labcorp
LH
$27.3B
| – | – |
-3,456
| Closed | -$513K |
|
1138
LivaNova
LIVN
$4.34B
| – | – |
-5,700
| Closed | -$410K |
|
|
LOVE
1139
LoveSac
LOVE
$235M
| – | – |
-73,400
| Closed | -$2.28M |
|
1140
Southwest Airlines
LUV
$19.8B
| – | – |
-76,950
| Closed | -$3.91M |
|
1141
LyondellBasell Industries
LYB
$21.8B
| – | – |
-42,718
| Closed | -$3.68M |
|
1142
La-Z-Boy
LZB
$1.35B
| – | – |
-21,700
| Closed | -$665K |
|
1143
ManpowerGroup
MAN
$2.86B
| – | – |
-3,001
| Closed | -$290K |
|
|
MASI
1144
DELISTED
Masimo
MASI
| – | – |
-2,400
| Closed | -$357K |
|
1145
McDonald's
MCD
$192B
| – | – |
-38,300
| Closed | -$7.95M |
|
1146
Microchip Technology
MCHP
$41.3B
| – | – |
-21,800
| Closed | -$945K |
|
1147
Medifast
MED
$134M
| – | – |
-6,300
| Closed | -$808K |
|
1148
Mercado Libre
MELI
$97.5B
| – | – |
-8,700
| Closed | -$5.32M |
|
1149
Methanex
MEOH
$4.65B
| – | – |
-7,000
| Closed | -$319K |
|
1150
Magna International
MGA
$19.5B
| – | – |
-4,500
| Closed | -$224K |
|
Similar funds
Steve Schonfeld's Q3 2019 Portfolio in Review
As of Q3 2019, Steve Schonfeld held 1,378 positions worth $3.41B, up 20% from $2.83B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Steve Schonfeld deployed $847M of net new capital in Q3 2019, opening 421 new positions and adding to 275 existing holdings. Its largest new stake was Live Nation Entertainment: 265,765 shares worth $17.6M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 16% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Vistra, an estimated $36.3M trimmed.
- Steve Schonfeld's largest Q3 2019 buy was Live Nation Entertainment: 265,765 shares worth $17.6M.
- Steve Schonfeld added most to Equitrans Midstream Corporation Common Stock in Q3 2019, an estimated $50.3M increase.
- Steve Schonfeld's biggest Q3 2019 reduction was Vistra, cutting an estimated $36.3M.
- Steve Schonfeld fully exited TotalEnergies in Q3 2019, selling an estimated $30.7M.
- Steve Schonfeld's ten largest holdings make up 15% of its $3.41B portfolio in Q3 2019.
- Steve Schonfeld opened 421 new positions and closed 387 in Q3 2019.
- Steve Schonfeld's portfolio value rose 20% quarter-over-quarter to $3.41B.
Based on Schonfeld Strategic Advisors's 13F filing for Q3 2019, filed 14 Nov 2019.